09-07-2022 03:38 PM | Source: Accord Fintech
Heranba Industries zooms on incorporating wholly-owned subsidiary
News By Tags | #6571 #572 #1660

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Heranba Industries is currently trading at Rs. 574.95, up by 6.55 points or 1.15% from its previous closing of Rs. 568.40 on the BSE.

The scrip opened at Rs. 563.25 and has touched a high and low of Rs. 577.95 and Rs. 563.20 respectively. So far 7983 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 835.00 on 23-Sep-2021 and a 52 week low of Rs. 505.55 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 581.15 and Rs. 556.00 respectively. The current market cap of the company is Rs. 2287.97 crore.

The promoters holding in the company stood at 74.83%, while Institutions and Non-Institutions held 3.95% and 21.22% respectively.

Heranba Industries has incorporated a Wholly-Owned Subsidiary Company under the name ‘Heranba Organics’. The Wholly Owned Subsidiary shall carry out business in the field of Agro-Chemical.

Heranba Organics is incorporated on August 29, 2022 (Certificate of Incorporation was issued by Registrar on September 06, 2022) in India and registered with Registrar of Companies, Mumbai, Maharashtra and is yet to commence its business operations.

Heranba Industries is a crop protection chemical manufacturer, exporter and marketing company based out of Vapi, Gujarat.